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Stocks Rally as Micron Revives AI Bets, Oil Slumps: Markets Wrap

This content was published on (Bloomberg) — Global stocks rebounded from a two-day slide as Micron Technology Inc.’s blowout sales forecast reignited enthusiasm for the artificial-intelligence trade and Brent oil erased all of its wartime gains.

Read more: Stocks Rally as Micron Revives AI Bets, Oil Slumps: Markets Wrap

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A $30 Billion Cancer Breakthrough Is Under Threat From Global Conflicts

This content was published on (Bloomberg) — At the Hirslanden clinic overlooking Switzerland’s picturesque Lake Lucerne, prostate cancer patient Jörg Pegelow lies on a reclining chair as a doctor wearing two sets of gloves — one made with lead — injects a saline solution laced with a radioactive drug into a vein in his arm.

Read more: A $30 Billion Cancer Breakthrough Is Under Threat From Global Conflicts

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Stocks Climb Late After Micron’s Blowout Outlook: Markets Wrap

This content was published on (Bloomberg) — Stocks climbed in late hours on speculation that Micron Technology Inc.’s strong outlook will help reignite confidence in the artificial-intelligence trade that has powered the market rally from war-driven lows.

Read more: Stocks Climb Late After Micron’s Blowout Outlook: Markets Wrap

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Rubio Meets Gulf Leaders After Rocky Start to US-Iran Talks

This content was published on (Bloomberg) — US Secretary of State Marco Rubio met the leaders of the United Arab Emirates and Kuwait on Wednesday, as he looks to reassure Persian Gulf allies of the strength of an interim peace agreement with Iran.

Read more: Rubio Meets Gulf Leaders After Rocky Start to US-Iran Talks

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Masayoshi Son Calls AI Bubble Talk an ‘Insult,’ Delays Retiring

This content was published on (Bloomberg) — SoftBank Group Corp.’s Masayoshi Son brushed aside concerns about an AI bubble, saying that such a characterization is inappropriate for a revolution that’s only just begun. He vowed to remain at the helm of his investment group much longer to capitalize on the AI boom.

Read more: Masayoshi Son Calls AI Bubble Talk an ‘Insult,’ Delays Retiring

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Trump Defends Unfreezing Iran Funds as Senate Rebukes Him on War

This content was published on (Bloomberg) — President Donald Trump said Iran will be able to use funds released from frozen accounts only to purchase food and medical supplies from the US, seeking to ease concerns about peace negotiations that both sides say are making progress.

Read more: Trump Defends Unfreezing Iran Funds as Senate Rebukes Him on War

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Stocks Slide as Wall Street Gets AI Wake-Up Call: Markets Wrap

This content was published on (Bloomberg) — Wall Street got a reality check as a bruising selloff in several technology giants fueled concern the artificial-intelligence frenzy that has powered the equity bull market might be overblown.

Read more: Stocks Slide as Wall Street Gets AI Wake-Up Call: Markets Wrap

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Platinum Is Said Sole Remaining Bidder for Nestle Water Unit

This content was published on (Bloomberg) — Platinum Equity is the last remaining bidder for Nestle SA’s water business after rival Clayton Dubilier & Rice dropped out of the race, according to people familiar with the matter.

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Iran Oil Waiver Offers Lifeline to Tehran as Talks Proceed

This content was published on (Bloomberg) — The US issued a 60-day license allowing Iran to sell oil on the international market, giving Tehran an economic lifeline as the two adversaries continued talks for a permanent peace deal.

Read more: Iran Oil Waiver Offers Lifeline to Tehran as Talks Proceed

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Stocks Fall as SpaceX’s Rout Offsets US-Iran Hopes: Markets Wrap

This content was published on (Bloomberg) — Wall Street traders drove stocks down from the brink of record highs as a slide in several tech giants overshadowed optimism about progress in peace talks between the US and Iran. Oil retreated.

Read more: Stocks Fall as SpaceX’s Rout Offsets US-Iran Hopes: Markets Wrap

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US and Iran Make ‘Progress’ in Talks, Aim to Keep Hormuz Open

This content was published on (Bloomberg) — The US and Iran made “encouraging progress” in talks on a peace deal and will continue technical-level discussions this week, mediators said, even as President Donald Trump again threatened strikes if Hezbollah keeps attacking Israel.

Read more: US and Iran Make ‘Progress’ in Talks, Aim to Keep Hormuz Open

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US-Iran Talks Set to Open as Vance Arrives in Switzerland

This content was published on (Bloomberg) — US-Iran talks on a permanent ceasefire were set to kick off Sunday with top officials including US Vice President JD Vance converging in Switzerland, even after Iran issued a renewed order to close the Strait of Hormuz.

Read more: US-Iran Talks Set to Open as Vance Arrives in Switzerland

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Pakistani Premier Heading to Switzerland to Join US-Iran Talks

This content was published on (Bloomberg) — Pakistani Prime Minister Shehbaz Sharif and military chief Asim Munir are heading to Switzerland to take part in US-Iran talks, the government announced Saturday, bringing one of the key mediators between the two adversaries to the table.

Read more: Pakistani Premier Heading to Switzerland to Join US-Iran Talks

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US-Iran Nuclear Talks Stall as Fighting Rages On in Lebanon

This content was published on (Bloomberg) — Fighting between Israel and Hezbollah continued unabated in southern Lebanon, casting fresh uncertainty over planned talks between the US and Iran to permanently end the war in the Middle East and curb Tehran’s nuclear program.

Read more: US-Iran Nuclear Talks Stall as Fighting Rages On in Lebanon

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Charting the Global Economy: Warsh’s Tenure at the Fed Begins

This content was published on (Bloomberg) — Federal Reserve Chairman Kevin Warsh presided over his first policy meeting since taking the helm of the US central bank, vowing to restore price stability as officials signaled growing support for interest-rate hikes this year.

Read more: Charting the Global Economy: Warsh’s Tenure at the Fed Begins

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